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Pyrum Innovations entering Scandinavia with GreenTech JV

Author: Stephen Goodchild Comments: 0
With the construction of a JV plant in Sweden, Pyrum Innovations is “taking the first major step towards opening up the Scandinavian market” (Photo: Pixabay / Unif)

A consulting agreement with Swedish firm GreenTech Recycling Tires AB gives Pyrum Innovations AG its first point of entry into the Scandinavian market. On the proviso that GreenTech’s financing is fully secured, Pyrum will invest up to 3 million euros in a joint venture SPV (special purpose vehicle) to build a pyrolysis recycling plant capable of processing 20,000 tonnes of end-of-life tyres annually.

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